Bill

Ørsted Sues Trump Administration Over Halted $5B Revolution Wind Project

Denmark’s Orsted said on Friday it was challenging the U.S. government’s suspension of the lease for its Revolution Wind joint venture and would see…

Germany Shrinks Wind Auctions After Last Round Attracted No Bids

Germany will scale back offshore-wind auctions next year after the last round failed to attract any bidders.The government will tender just 2.5 to 5 gigawatts, …

Vietnam oil & gas firms post record profits in 2025

Binh Son Refining and Petrochemical JSC (HoSE: BSR), operator of the Dung Quat oil refinery, said output was estimated at nearly 7.91 million tons, with revenue…

MGen earmarks P1B for Toledo coal plant development

The power generation arm of Manila Electric Co. (Meralco) has earmarked P1 billion this year to develop its planned coal-fired power plant in Toledo, Cebu, as t…

United States

Nvidia Plans to Acquire Israeli AI Startup AI21 Labs for Up to $3 Billion

According to reports, Nvidia is in advanced negotiations to acquire Israeli artificial intelligence startup AI21 Labs, with the deal potentially valued at up to…

United States

Intel Completes Sale of $5 Billion Worth of Common Stock to Nvidia

Intel completed the sale of 214.8 million shares of common stock to Nvidia on December 26, 2025, for $5 billion. The shares were priced at $23.28 per share. Thi…

Metal

Anglo American and Teck Resources Merger Completed, Industry Focuses on Impact in Critical Minerals Sector

The merger of mining giants Anglo American and Teck Resources, valued at approximately $53 billion, has completed the necessary procedures. This transaction int…

Nuclear Power Plant (NPP)

Turkey Says Russia Gave It $9 Billion in New Financing for Akkuyu Nuclear Plant

Turkey's Energy Minister Alparslan Bayraktar announced that Russia has provided new financing of $9 billion for the Akkuyu nuclear power plant. The facility…

LNG

Australia’s Woodside Signs Binding LNG Supply Deal With Turkey’s Botas

Australia's Woodside Energy announced on Monday that it has entered into a binding supply agreement with Turkey's state-owned petroleum company BOTAS. T…

China

China Plans to Increase Grain Production Capacity by 50 Mln Tons

China’s National Development and Reform Commission (NDRC) has announced intensified efforts to raise the country’s grain production capacity by 50 m…

Natural Gas

Russia’s Gazprom Supplied 38 Bcm of Gas to China via Power of Siberia Pipeline in 2025

Russia's energy company Gazprom supplied 38.8 billion cubic metres of natural gas to China through the Power of Siberia pipeline in 2025. This represents an…

China

ByteDance Signals Major AI Infrastructure Push With $23BN Investment Plan

ByteDance, the Beijing-based parent company of TikTok, has outlined preliminary plans for capital expenditure of approximately 160 billion yuan (about $23 billi…

Oil Shale

Japanese Company Buys U.S. Shale Assets for $1.3 Billion

Japan Petroleum Exploration Co. (JAPEX) has agreed to acquire U.S. shale oil and gas producer Verdad Resources Intermediate Holdings for $1.3 billion. The trans…

Electricity Transmission

SSE’s Transmission Arm Secures $1.34 Billion UK-Backed Facility for Scotland Power Grid

SSEN Transmission, primarily owned by SSE Plc (SSE.L), has obtained a £1 billion($1.34 billion) 12-year bank facility to fund significant electricity grid…

Nuclear Reactor

France’s EDF Raises Cost Estimate for Six Reactors to 72.8 Billion Euros

France's state-owned utility EDF has announced that it will limit the construction costs for six new nuclear reactors to 72.8 billion euros ($85.29 billion)…